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Verizon to Acquire EdgeCast for More Than $350 Million
/ December 9, 2013 2:51 pm

edgecastTechCrunch reports that Verizon plans to venture into the content delivery business with the acquisition of EdgeCast Networks. EdgeCast is a content delivery network based in Los Angeles, which provides CDN services similar to Twitter, Pinterest and Hulu. The deal is expected to be valued at more than $350 million. EdgeCast has more than 6,000 clients. For the past few years, the company has been earning profits. Read More


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